Commodities…

NATGAS...put in a topping and upside exhaustion pattern yesterday. We’ll need a day or two for confirmation that the rally is over.

OIL…57.00 + a few, should be the first hold area. Sustained price action and a close below leads to a test of 55. Closing below 55 is needed for a fulfillment of Goldman’s call and target of 45.

Copper...has just spent 3 weeks trying to get above old qtrly support @ 2.95.
The Bottom of the channel is in the mid-low 2.70’s.

This is attempting an ORL week with a close below 2.90-91 the low risk sell zone.